B2B SaaS (Business-to-Business Software as a Service) companies provide cloud-based solutions for businesses. The industry is fast expanding, with more firms adopting B2B services currently. Over the next five years, from 2021 to 2025, the Software as a Service (SaaS) market is predicted to expand by $99.99 billion. The key driver will be an increase in demand for cloud-based solutions among small and medium-sized businesses (SMEs).
Insider Monkey dives into the list of the 15 most valuable B2B SaaS companies: For the fiscal year 2021, Slack Technologies, Inc. reported total revenues of up to $902.6 million. The company is one of the 15 most valued B2B SaaS companies, with a market value of $26.22 billion. HubSpot, Inc. is a software firm based in the United States that specializes in cloud-based software for inbound marketing, customer care, and sales. On the open market, the corporation is worth $26.30 billion. Hubspot CRM, Hubspot Academy, and Hubspot Service Hub are some of the company’s products. On the open market, Veeva Systems Inc. is worth $48.23 billion. Companies in the pharmaceutical and life sciences industries can use the company’s cloud-based solutions. It serves approximately 1000 clients, including some of the world’s leading pharmaceutical corporations. Workday, Inc. has a $56.2 billion market capitalization. Atlassian Corporation Plc has a market capitalization of $65.17 billion and over 150,000 customers. Workday is one of the top 15 B2B SaaS firms in the world. Twilio Inc. is a company that develops software for multi-channel communication. Twilio is trusted by over 172,000 enterprises for communication solutions with enterprise-grade security and trust. It was ranked in the top ten of our list of the top 15 most valuable B2B SaaS firms. The data-warehousing company, Snowflake Inc., is a key player. The company has approximately 3500 customers and a $74.26 billion market capitalization. Snowflake was highlighted in RiverPark Funds’ Q1 2021 investor communication. For more details, click 15 Most Valuable B2B SaaS Companies.
